The General Assembly’s Joint Committee on Tax Policy is considering a series of recommendations regarding Missouri’s tax credit programs. But it looks as though it’s going to be a while before those proposals are drawn up and agreed to.
What is known is that there are 54 active tax credit programs in existence that offered $627 million in the 2009 fiscal year. In addition there were 132 tax exemptions. What is not known is the effectiveness of these tax credit programs. And legislators want to take a look at these programs to make sure Missouri is benefitting from them. [Read more...]









